Alfalah Investments, LMKR to launch angel investment fund for Pakistan’s startups

Alfalah Investments, a Pakistani asset management company, and LMKR, a leading global technology and innovation enabler, have announced a strategic partnership to launch an angel investment fund— a national-scale financing platform designed to catalyse early-stage, tech-driven entrepreneurship in Pakistan.

According to a statement released on Thursday, the initiative marks a shift towards a coordinated and institution-backed model of venture creation in Pakistan.

The fund will operate as a private fund under the Securities and Exchange Commission of Pakistan (SECP) regulations, aggregating capital from angel investors into a single institutional vehicle, and providing founders with faster access to diversified, properly governed early-stage funding.

‘Saudi is now logical second market for Pakistani founders,’ says Sarmayacar chief

“The initiative seeks to address key market gaps, including fragmented angel networks, inconsistent deal documentation, small ticket sizes, and slow closure timelines that often hinder promising startups,” read the statement.

The fund will focus on supporting early and growth-stage startups across sectors such as fintech, AI, cloud services, e-commerce, and emerging technologies.

“By combining LMKR’s extensive experience across the National Incubation Centers with AAML’s strong governance and investment capabilities, the initiative seeks to strengthen the local startup ecosystem and reduce reliance on unstructured funding sources,” read the statement.

Speaking about the partnership, CEO of Alfalah Investments Khaldoon Bin Latif, stated: “By institutionalising the angel network with a robust governance and compliance layer, we are enabling faster deployment of capital into the entrepreneurs shaping Pakistan’s economic future.”

Atif Rais Khan, Chairman and Group CEO LMKR, added: “This fund creates a vital bridge between innovation and investment, allowing startups to move confidently from early validation to readiness and scalable growth.

Our collaboration with Alfalah Investments marks a defining moment for the ecosystem and sets the foundation for a stronger, more competitive future for Pakistani startups.”

Meanwhile, a dedicated technical assistance desk under the fund will provide advisory support on governance, financial systems, product-market fit and commercial partnerships, helping founders scale sustainably and secure follow-on rounds.